Here is an excellent question: Is a person’s famous face a type of intellectual property? After all, who a person is can mean a lot in making connections, sales and bringing in an income. The co-anchor for Good Day Philadelphia recently ran into an issue when she...
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Can you collect on a debt if you only have an oral contract?
As a business professional, you probably get contracts for most of your major projects. Having everything in writing protects you and makes the obligations of everyone involved clear. Written contracts are also much easier to enforce if there is eventually conflict...
The most common forms of intellectual property infraction
Every human being has ideas, and many people have a job that involves bringing their ideas to life through creation. All types of creation by a person that is not material is a type of intellectual property, and some intellectual property is extremely valuable....
Major technology company lawsuit focuses on breach of contract
One of the main purposes of signing a contract is to create a requirement for the other party to follow through on a promise. Contracts help ensure that businesses will receive the services, utilities and materials necessary for them to operate. When one company fails...
What is unfair competition?
One of the first life lessons we’re taught is to play fairly. One of the first excuses we’re given is that life isn’t fair. Businesses tend to occupy the crossroads of these two contradictory viewpoints. On the one hand, a business often succeeds because it has a...
5 mistakes made by business startups
Starting your own business is exciting, but it’s also tricky. The success rate for startups may feel daunting. You want your idea to work; the last thing you want is for a simple mistake to undermine your company and end it all. But how do you know what mistakes to...
The steps you need to take to handle a contract dispute
When an employee, supplier, vendor or other business fails to uphold their contract with your company, problems can quickly follow. You may not have enough supplies to continue operations at your business or may have machinery that doesn't function because you can't...
Common disagreements that arise in business partnerships
Disagreements can cause serious problems for business leaders. Businesses can suffer damage if the partners are unable to resolve their conflict. Three things that commonly lead to business disagreements include: The idea. A business opportunity always begins with an...
Can you sell your business and keep your IP?
You want to sell your business, but you have some intellectual property that you’d like to keep. For instance, maybe you developed the brand and associated marks -- logos, slogans, colors, etc. You also developed your own processes and customer base. You want to sell...
Blues singer sues over the use of the name Lady A and unfair business practices
This summer, two major music groups changed their names to no longer have slavery terms associated with them. Texas’ Dixie Chicks became the Chicks and fellow country trio Lady Antebellum became Lady A. However, a Seattle blues singer, also known as Lady A, is now...